2024 XDR to TRY Historical Review

YEARLY HIGH

46.4096 TRY

YEARLY LOW

39.5493 TRY

YEARLY AVERAGE

43.6662 TRY

2024 XDR to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the XDR to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on October 2, valuing the pair at 46.4096. Conversely, the yearly low was recorded on January 1, dropping to 39.5493.

This high-to-low spread represents a total annual volatility of 6.8603 TRY. From a start-to-finish perspective, comparing the January average rate of 40.1820 to the December average rate of 45.9112, the exchange rate registered a net change of 14.26% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 46.4096 was up 17.32% compared to the 2023 peak of 39.5578, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 XDR based on timing:

Yearly Peak High 232,048 TRY

2023 Average 158,848 TRY

Yearly Trough Low 197,746 TRY

Transaction Impact: A difference of 34,301.48 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

46.5349

39.6045

JanuMarcMayJulySeptNove

XDR to TRY Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 42.0220, compared to 45.3104 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.2884 points.

H1 Avg (Jan–Jun) 42.0220

H2 Avg (Jul–Dec) 45.3104

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 1.9115 TRY (High: 45.9493 / Low: 44.0378). On the other end, May was the most stable month, with a tight range of 0.3149 TRY (High: 42.8055 / Low: 42.4906).

August Spread (Volatile) ±1.9115

May Spread (Stable) ±0.3149

Growth Streaks & Declines

Trends

Between May and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.3134 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.3134

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 45.8699) against the same month in 2023 (average: 36.6251), the exchange rate shifted by +9.2448 (+25.24%).

2024 Avg (October) 45.8699

2023 Avg (October) 36.6251

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	40.5099	39.5493	40.1820
February	41.5230	40.2494	40.8900
March	43.1731	41.6769	42.6377
April	43.0645	42.3321	42.7400
May	42.8055	42.4906	42.6536
June	43.3501	42.6103	43.0288
July	44.0281	42.8226	43.5366
August	45.9493	44.0378	45.0311
September	46.3654	45.6763	45.9574
October	46.4096	45.4496	45.8699
November	46.0502	45.2399	45.5565
December	46.3219	45.4645	45.9112